Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$302M |
| 2 |
STL
Sterling Bancorp
STL
|
+$169M |
| 3 |
Chevron
CVX
|
+$165M |
| 4 |
American Tower
AMT
|
+$146M |
| 5 |
ExxonMobil
XOM
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$205M |
| 2 |
Cisco
CSCO
|
+$190M |
| 3 |
AF
Astoria Financial Corporation
AF
|
+$184M |
| 4 |
DGI
DigitalGlobe Inc.
DGI
|
+$181M |
| 5 |
CSX Corp
CSX
|
+$138M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.98% |
| 2 | Industrials | 13.43% |
| 3 | Technology | 12.64% |
| 4 | Consumer Discretionary | 10.42% |
| 5 | Healthcare | 9.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
Grupo Aeroportuario del Sureste
ASR
$8.28B
| $21.6M | 0.01% |
118,168
-66
| -0.1% | -$11.9K |
|
2027
Boot Barn
BOOT
$4.98B
| $21.6M | 0.01% |
1,297,786
+432,386
| +50% | +$5.18M |
|
2028
National Presto Industries
NPK
$968M
| $21.5M | 0.01% |
216,562
+20,677
| +11% | +$2.26M |
|
2029
National Grid
NGG
$80.8B
| $21.5M | 0.01% |
413,735
-16,983
| -4% | -$906K |
|
|
GXP
2030
DELISTED
Great Plains Energy Incorporated
GXP
| $21.5M | 0.01% |
667,046
+4,011
| +0.6% | +$132K |
|
2031
Franklin Covey
FC
$245M
| $21.5M | 0.01% |
1,035,865
-26,615
| -3% | -$522K |
|
2032
Varex Imaging
VREX
$524M
| $21.5M | 0.01% |
534,668
+19,770
| +4% | +$711K |
|
2033
Digi International
DGII
$2.73B
| $21.5M | 0.01% |
2,247,825
+25,498
| +1% | +$261K |
|
|
CBI
2034
DELISTED
Chicago Bridge & Iron Nv
CBI
| $21.5M | 0.01% |
1,329,357
-9,842
| -0.7% | -$160K |
|
|
CSS
2035
DELISTED
CSS Industries, Inc.
CSS
| $21.4M | 0.01% |
770,251
+27,445
| +4% | +$778K |
|
|
TSC
2036
DELISTED
TriState Capital Holdings, Inc.
TSC
| $21.4M | 0.01% |
931,128
+58,737
| +7% | +$1.37M |
|
2037
Clearway Energy Class C
CWEN
$4.94B
| $21.4M | 0.01% |
1,132,766
+17,170
| +2% | +$326K |
|
|
FPRX
2038
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $21.4M | 0.01% |
974,276
+102,779
| +12% | +$3.31M |
|
2039
ServiceNow
NOW
$122B
| $21.3M | 0.01% |
816,260
+11,710
| +1% | +$291K |
|
|
GCAP
2040
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $21.2M | 0.01% |
2,120,732
-3,977
| -0.2% | -$28.5K |
|
2041
iShares MSCI India ETF
INDA
$6.65B
| $21.2M | 0.01% |
586,532
| – | – |
|
2042
Horizon Bancorp
HBNC
$1.06B
| $21.2M | 0.01% |
1,141,313
+123,236
| +12% | +$2.28M |
|
2043
Preformed Line Products
PLPC
$2.04B
| $21.1M | 0.01% |
296,645
+16,626
| +6% | +$1.23M |
|
|
PGEM
2044
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $20.9M | 0.01% |
1,129,395
+37,763
| +3% | +$656K |
|
2045
Westwood Holdings Group
WHG
$184M
| $20.8M | 0.01% |
314,445
+10,270
| +3% | +$682K |
|
|
AAT
2046
American Assets Trust
AAT
$1.42B
| $20.8M | 0.01% |
544,136
+30,146
| +6% | +$1.19M |
|
2047
Groupon
GRPN
$1.05B
| $20.7M | 0.01% |
202,884
+116,447
| +135% | +$12.2M |
|
2048
PTC
PTC
$15.3B
| $20.7M | 0.01% |
340,122
-17,163
| -5% | -$1.07M |
|
|
GMS
2049
DELISTED
GMS Inc
GMS
| $20.6M | 0.01% |
547,231
+83,008
| +18% | +$2.96M |
|
|
BSMX
2050
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $20.5M | 0.01% |
2,809,530
+34,608
| +1% | +$289K |
|
Similar funds
Dimensional Fund Advisors's Q4 2017 Portfolio in Review
As of Q4 2017, Dimensional Fund Advisors held 3,411 positions worth $241B, up 5.4% from $229B the previous quarter. Its ten largest holdings account for 9.4% of the portfolio.
Trading was light in Q4 2017: portfolio turnover was 4.7%. Dimensional Fund Advisors opened 75 new positions and exited 87, leaving the 3,411-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2017 buy was Maxar Technologies Inc. Common Stock: 1,045,646 shares worth $67.3M.
- Dimensional Fund Advisors added most to Wells Fargo in Q4 2017, an estimated $302M increase.
- Dimensional Fund Advisors's biggest Q4 2017 reduction was Citigroup, cutting an estimated $205M.
- Dimensional Fund Advisors fully exited Astoria Financial Corporation in Q4 2017, selling an estimated $184M.
- Dimensional Fund Advisors's ten largest holdings make up 9.4% of its $241B portfolio in Q4 2017.
- Dimensional Fund Advisors opened 75 new positions and closed 87 in Q4 2017.
- Dimensional Fund Advisors's portfolio value rose 5.4% quarter-over-quarter to $241B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2017, filed 12 Feb 2018.